$150m Four Points by Sheraton hotel Sydney Central Park officially opens
Four Points by Sheraton Sydney, Central Park is the latest addition to the multi-stage A$2 billion Central Park development, a joint venture between Frasers Property Australia and Sekisui House Australia.
$75m Holiday Inn Geelong hotel approved to start construction
Franzé Developments' $150 million mixed-use project in Geelong, which is the largest in the region, has been granted development approval and is set to include a $75 million Holiday Inn & Suites - being the first in Australia and the largest new hotel project in the region in almost 20 years...
New Zealand Tourism Industry supports Visitor Levy
The tourism industry is prepared to accept a new charge to be paid by international visitors but is insisting that it is used in a carefully targeted way to enhance their experience of New Zealand.
New Zealand holiday parks key to growing tourism in the regions
With 21% of international and domestic visitor guest nights in New Zealand spent in holiday parks, new research shows that they are key to growing tourism in the regions.
Stats NZ have recorded that visitor numbers were down last month compared with June 2017, when New Zealand hosted the British and Irish Lions Rugby tour - June 2017 recording 230,000 and June 2018 down 17,800 to 212,000.
See the depreciation deductions available in a hotel room
Depreciation is one of the most commonly overlooked tax deductions by property investors and research suggests that around 80 per cent of hotel owners fail to maximise the deductions available to them and are therefore missing out on thousands of dollars.
New Zealand’s first Hotel Indigo opening in Auckland
The Auckland CBD will welcome New Zealand’s first 225-room Hotel Indigo in 2021, with IHG officially confirming an agreement with property development company Ninety Four Feet for a new $250m, 41-storey, mixed-use development at 51 Albert Street.
Marriott hotels to remove plastic straws worldwide by July 2019
Marriott International has announced that it has adopted a plan to remove disposable plastic straws and plastic stirrers from its more than 6,500 properties across 30 brands around the world - which would eliminate the use of more than 1 billion plastic straws per year and about a quarter...
Cardrona to become New Zealand's largest ski field
A new partnership has been announced between Cardrona Alpine Resort & Queenstown businessman John Darby, combining the Cardrona and Soho ski areas to form 900ha of skiable terrain, making it the largest single ski field in New Zealand.
The Sebel West Perth Aire Apartments has officially opened adding 64 new studio apartment style rooms to Perth’s resurging accommodation market, following the signing of an agreement with Singapore-based ZACD Group Ltd.
